Friday, February 22, 2019
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Insurance firms settle N143bn claims in 9 months

The National Insurance Commission (NAICOM) has confirmed that insurance industry’s gross claims in the third quarter rose to N143 billion, representing a 30 percent increase over the N110 billion claims paid by operators in the corresponding period of 2017.

Sovereign Trust Insurance Plc

The insurance company to trust at all times


William Shakespeare in the book Twelfth Night aptly challenged the ingenuity of men and institutions when he said; ”Be not afraid of greatness; some are born great, some achieve greatness, and some have greatness thrust upon them”.

Oyo State Government has concluded plan to set up a Global Insurance Agency to create conducive environment for business to grow for the benefit and satisfaction of the people.

NEM Insurance boosts operation as AFIG Funds acquires 29.9% stake

…We’re passionate about adding value – Tope Smart


NEM Insurance Plc’s imposing head office located at 199 Ikorodu Road; Obanikoro Lagos is as attractive as the message which the company set out to convey. The message is that NEM Insurance Plc is the preferred choice of the insuring public. The message is indeed in consonance with the mission of the founding fathers of the company which is to build a customer-satisfying insurance institution that is passionate about adding value to the interests of all its stakeholders with particular emphasis on the insuring public.

Court restrains NAICOM from halting Guinea Insurance’s new business intake

Shareholders in the nation’s insurance industry have continued to kick against the recent introduction of Tier-Based Minimum Solvency Capital (TBMSC) by the authorities of the National Insurance Commission (NAICOM) saying that the regulatory body lacks the statutory powers to amend the insurance Act.

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